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. speaker. i appreciate you allowing me this time today. yesterday was tax day. and i've got taxes on my mind, mr. speaker. you know as most folks in this chamber do that h.r. 25, the fair tax, is the most widely co-sponsored, most widely supported fundamental tax reform legislation in the house and in the senate. both the house and the senate. 64 of our colleagues in the house, mr. speaker, have put their name on h.r. 25, the fair tax. eight of our senate colleagues have put their name on h.r. 25, the fair tax. the fair tax is a revolutionary proposal, mr. speaker, in that it takes all of the power of the tax code out of washington, d.c., and returns it to men and women back home. you know we can manipulate the behavior of anyone in america through the tax code. if i want folks to wear more pink ties and fewer blue tie, i'll subsidize pink ties for 250% and tax blue ties for 250% and we'll change behavior overnight. do you remember, mr. speaker, when we had the electric vehicle tax credit back in 2010? it was a $7,500 tax credit. we said we are going to give $7,500 to every american to
growth, whether it was through tax cuts and other inners and supply side reforms, would you cut them some slack on that or not? >> we would -- we think there's fairly limited room for significant fiscal stimulus that would place public debt on, you know, steeper gradient in terms of its rise. right from the beginning of the process, we recognized the government can use their balance sheet and fiscal measures to offset the decline in private sector demand. so some measures which allow for an easing of the levels of deficit reduction and the pace of that is perfectly consistent with the current rating that we now have on the uk. but can the uk go on a major fiscal stimulus exercise? we don't really think there's much room for maneuver in terms of them to do that in terms of a ratings perspective. >> what happens if they -- they could go on a big tax cutting program and that got rates going. this is more about growth, isn't it, right now, because growth is a way to generate the revenue to bring down the deficit. >> yeah. but that's evident that if you do tax cuts, that you'll get more revenu
's winter of discontent, when britain had double-digit inflation, a top income tax rate of 83% and rising unemployment. and she revolutionized the economy with free-market ideas in her ten years of service that ushered in a new decade of prosperity. when she took office, the top income tax rate was 83%. it was cut to 60% and then to 40%. the middle tax rate was cut to 30%. and the lowest tax rate was eliminated altogether. when she took office, the top corporate tax rate was 53%. she cut it to 35%. the top capital gains tax rate was a stifling 75%. thatcher cut it to 30%. and as a result, a progrowth policies, unemployment fell from a high of 12% early in her tenure to 7.5% near the end. public spending as a percentage of g.d.p. fell from 45.1% of g.d.p. to 39.4% of g.d.p. and inflation fell from almost 22% in 1979 to a low rate of 2.4% in 1986. but perhaps the most telling tribute to margaret thatcher's leadership is that three days after she gave her britain await speech, that heroic speech she was dubbed "the iron lady" in the communist news outlet "the red star." when your military en
share. powerful communication on the powerful network. verizon. welcnew york state, where cutting taxes for families and businesses is our business. we've reduced taxes and lowered costs to save businesses more than two billion dollars to grow jobs, cut middle class income taxes to the lowest rate in sixty years, and we're creating tax free zones for business startups. the new new york is working creating tens of thousands of new businesses, and we're just getting started. to grow or start your business visit thenewny.com how sharp is your business security?o! can it help protect your people and property, while keeping out threats to your operations? it's not working! yes it is. welcome to tyco integrated security. with world-class monitoring centers and thousands of qualified technicians. we've got a personal passion to help your business run safer, smarter, and sharper. we are tyco integrated security. and we are sharper. ♪ (train horn) vo: wherever our trains go, the economy comes to life. norfolk southern. one line, infinite possibilities. ...and we inspected his brakes for free.
, because if i owe $2,000 to you guys on my income taxes, do you guys say you can pay off a little at a time and then pay the rest of over a long time without being penalized? that is garbage. host: congress man? guest: there's a provision, if i'm not mistaken, if there are back taxes due, the people beyond $2,000 that is the feet that is being required in order to help pay for the processing of individuals, that will also be demanded as well. two-sided sort. -- sword. many of these undocumented workers in various industries in this country pay into a great deal of federal taxes, whether it is deducted for their payroll for social security, fica, etc., with no opportunity of ever retrieving or utilizing that tax, because they are prohibited from taking any federal program. also, one of the areas in which there will be some consternation is the fact that even though they have a work visa and are working toward a permanent status, all public benefits will be denied to 11 million people that qualify for this program. host: on twitter -- guest: yes, and parts of the criteria is going to be exact
, but savings should not, for discretionary spending. we need to look at mandatory spending and tax expenditures. i agree completely with your point that it is hurting. i was at so many federal agencies that are compromised in not doing their work. this hits bone. these are critical services that will not be able to be performed. however, it was important not to have a government shutdown. it was important to get past this fiscal year. there was no possibility of removing sequestration in the last rounds of negotiation. there was no chance of removing it in the house and we did not have the 60 ghost in the senate. so -- votes in the senate. we could not do it. he did not have a game plan. it is a failure, that is votes are nothe there. it would have been a greater catastrophe if we hit march 1 without a continuing resolution and government would close down. gone through that before and it causes chaos. last point, we gave agencies additional discretion, which in some cases allow them to make better decisions than having to do a across the board cuts. host: back to immigration on twitter -- will
this is a phony crisis, aimed at a $1.2 trillion tax hike because federal agencies cannot get their priorities in order. we've got proof. we're going to show you something. stay with us. kudlow. i know what you're thinking... transit fares! as in the 37 billion transit fares we help collect each year. no? oh, right. you're thinking of the 1.6 million daily customer care interactions xerox handles. or the 900 million health insurance claims we process. so, it's no surprise to you that companies depend on today's xerox for services that simplify how work gets done. which is...pretty much what we've always stood for. with xerox, you're ready real business. >>> all right. first up, as airport delays mount to the faa is blaming the spending cuts sequester, forcing thousands of air traffic controllers to take unpaid leave. but republicans blame the obama administration for selectively choosing which cuts would make us all feel the most pain. take a listen to kansas senator jerry moran earlier today. >> it seems as if politics is playing a significant role in the determining what actions the faa are
state, where cutting taxes for families and businesses is our business. we've reduced taxes and lowered costs to save businesses more than two billion dollars to grow jobs, cut middle class income taxes to the lowest rate in sixty years, and we're creating tax free zones for business startups. the new new york is working creating tens of thousands of new businesses, and we're just getting started. to grow or start your business visit thenewny.com i don'without goingcisions to angie's list first. you'll find reviews on home repair to healthcare written by people just like you. with angie's list, i know who to call, and i know the results will be fantastic. angie's list -- reviews you can trust. deadly explosion at the boston marathon. among them, three guardsmen. they found themselves in a combat zone. joining me is welch, madore, welcome to all three of you. thank you for joining me. >> thank you for having us. >> you went down there, you were just running the marathon for fallen heroes and then suddenly you're back into a war zone. what were your feelings? let me start with you, if i m
to have the same enthusiasm for paying taxes for the education of its college students today than it had during the cold war. >> anybody else? back in the red shirt in the middle here. >> one of the kingpins of hollywood, more behind the seasons, was lou wasserman who seemed to helped his forces to some political efforts. what was his leanings? was he considered to be a lefty, righty, or just a pragmatist. >> the question is about lou wasserman and his political lengs. -- political leanings. richard? >> lou was seniorman was essentially a man defeated to the welfare of universal pictures. that's what he did and how he defined himself. it seems to me that wasserman was in a certain sense value neutral so long as whatever was happening worked to the benefit of his studio and his enterprise, and it was a vast enterprise by the time it was -- it reached full maturity. i don't think he was -- i don't think he was evil man. he was just a guy really tending to business in a very, very, i must say, very effective way. there's no question in my mind at least, that he was the weeding ontrip -- the
new york state, where cutting taxes for families and businesses is our business. we've reduced taxes and lowered costs to save businesses more than two billion dollars to grow jobs, cut middle class income taxes to the lowest rate in sixty years, and we're creating tax free zones for business startups. coin of the surveillance state. , and we're just getting started. to grow or start your business visit thenewny.com diarrhea, gas, bloating? yes! one phillips' colon health probiotic cap each day helps defend against these digestive issues... with three strains of good bacteria. [ phillips' lady ] live the regular life. phillips'. >>> after seeming to simmer quietly for a couple of days, the manhunt for the suspects in the boston marathon bombing rose to a boil thursday evening when the fbi released these blurry images showing two men carrying backpacks near the finish line at monday's race. authorities also released surveillance footage showing the men who we could -- we have come later to find out were 26 year oiled tamerlan tsarnaev and his 19-year-old brother dzhokhar. on friday, a
around the country so that it is not just this helps taxes or georgia or california, virginia. but you get to smaller states, too, to help win new friends on capitol hill. >> the list of the states and how much money they get for the f-35 and how many people are employed. california is number 1 with 27,000 jobs. not sure why texas has 41,000 with only $4.9 billion. you can see which states have the most jobs at of all this. the chairman of the armed services committee is from california. top 15.a almost 1000 jobs at least. georgia, indiana, michigan, utah, vermont, washington. lockheed martin would argued that it is only for official suppliers around the country. those who are critical would say they are actively trying to spread it around and there is no reason to do it other than to try to win political support. the bulk of the plane is built in texas and california. that is where the real work is being done. a benefit to having -- even a few dozen jobs in a small state, it is a way into trying to convince those members that this is a program that is worth $397.1 billion of our taxpa
we have had on customer information systems or things of that nature, they have not been a tax protecting critical u.s. infrastructure from cyber attacks. monday night on "the communicators." on c-span2. >> this week on "q&a," rajiv chandrasekaran discusses his story describing the f-35 fighter jet, the defense department's newest and most expensive weapon system. >> rajiv chandrasekaran, you did a front-page piece on a sunday about the f-35. what is it? >> it is the most expensive weapons system in the history of the united states. history of mankind, quite frankly. it is an advanced warplane that is to be used by the air force, navy, and the marine corps. it is the replacement for the f- 16. a new advanced all-purpose fighter jet. it is still in development, is an incredibly troubled program, it has gone tens of billions of dollars over budget. i bought into this program as a way to write about the overall challenges. this program is singular in terms of its cost overruns, delays, and the way it has been structured. its most effective attributes are not all of its radars and
electronically that i haven't been up front with my taxes. this would prevent d.h.s. from say sharing that information with guest: the private companies in sharing information, the biggest concern is -- individuals are concerned that their private information within the cyber networks orson dems would be held -- or systems would be held by private companies but then provided to the government , that this private information would not be stripped by the companies first. in the president's executive order, the onus would be on the privacy advocates. they want the private companies to strip any private information that might be caught up within the context of cyber threat information. thet one has to understand definition of cyber threat. it is unlikely but not impossible that your private tax information, your e-mail content would be part of that information that is a cyber threat information that would be given to the government. is there a possibility that it would be lumped in with that? yes. so whose responsibility is it to minimize and get rid of your private information? the bill
could be taking money from the schools or raising taxes. these technologies are not costless. they're not costless in terms of the budget or civil liberties. >> thank you for your time. greatly appreciate it. now more on the investigation and the aftermath. let me bring in congressman keith ellis, the first muslim elected to congress. first i'm sure you've heard the news that dzhokhar tsarnaev has been charged with using weapons of mass destruction in the boston marathon attacks. we're reading through the charges. learning more about what the fbi seized from his room. they described a large pyrotechnic, a black jacket and white cap. the big concern in addition to his brother's ties to any other outside groups, if there are any, is the question about the fbi. that the fbi questioned tamerlan tsarnaev and said that he was not a threat at the time. do you have any concerns with that information? >> well, you know, it is too early for me to second-guess the fbi. i think we need to know more about what they knew. the fact of the matter is that it is good that they contacted him. that wa
Search Results 0 to 13 of about 14